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Magyar Bancorp MGYR Effective Income Tax Rate Reconciliationn BOLI Policy Surrender Tax

Effective Income Tax Rate Reconciliationn BOLI Policy Surrender Tax at other companies

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0.7%-3.8pp
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0.9%-0.2pp
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$40.5K+0.6%
Auburn National Bancorporation logo
Auburn National BancorporationAUBN
0.9%-0.1pp
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Auburn National BancorporationAUBN
0.9%-0.1pp
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Mercantile Bank CorporationMBWM
0.7%+0.2pp

Other financials

Income statement

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Revenue$7.2M-4.2%
Net income$3.0M+13.0%
EPS (diluted)$0.48+11.6%

Balance sheet

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Cash & equivalents$47.6M-34.7%
Total debt$50.9M+50.1%
Total equity$124.2M+8.6%
Total assets$1.1B+4.6%

Cash flow

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Operating cash flow$3.2M+35.8%
CapEx$329.0K+223%
Free cash flow$2.9M+27.4%

Valuation

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Market cap$112.77M+5.2%
Enterprise value$116.04M-14.8%
P/E10.1×-0.9×
P/S3.7×+0.1×

Profitability

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Net margin24.4%-1.6pp
FCF margin27.6%-2.9pp

Returns & leverage

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Return on equity9.4%+1.3pp
Debt / equity0.4×+0.1×

Where this comes from

Reported directly by Magyar Bancorp in its filing.

Tagged under the XBRL concept mgyr:EffectiveIncomeTaxRateReconciliationnBOLIPolicySurrenderTax.

The official record: Magyar Bancorp’s 10-K, filed December 19, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Magyar Bancorp's effective income tax rate reconciliationn BOLI policy surrender tax?
Magyar Bancorp (MGYR) reported effective income tax rate reconciliationn BOLI policy surrender tax of $69.25K in Q3 2024.
What does effective income tax rate reconciliationn BOLI policy surrender tax mean?
Captures the tax impact associated with the surrender or performance of Bank Owned Life Insurance (BOLI) policies. It provides insight into how specific insurance-related tax adjustments influence the overall corporate tax liability.